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Article: Business Digest
- Article from:
- The Washington Post
- Article date:
- August 28, 2009
CopyrightCopyright 2009 The Washington Post. This material is published under license from the Washington Post. All inquiries regarding rights should be directed to the Washington Post. (Hide copyright information)
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AUTOMOTIVE
Toyota will shut a California auto-assembly plant that operated
as a joint venture with General Motors for 25 years, the first time
Japan's largest carmaker has closed a factory at home or abroad.
New United Motor Manufacturing Inc. in Fremont, Calif., will end
production of Corolla cars and Tacoma pickups in March 2010, Toyota
said in a statement.
GM in June said it would end assembly of Pontiac Vibes at the
plant, known as Nummi, and quit the venture as part of its
reorganization.
A collapse in U.S. auto sales has left Toyota struggling to keep
its North American plants running at capacity. Nummi employs 5,400
people, including 4,550 United Auto Workers union positions.
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